"Renova Group of companies is a leading, international, private business group that consists of asset management companies and direct and portfolio investment funds owning and managing assets in the metals, mining, chemical, construction, transport, energy, telecommunication, high-tech machine building, public utilities and financial sectors in Russia and abroad (CIS, Switzerland, Italy, South Africa and USA). Renova Group is a stakeholder and strategic investor in a number of world-class companies such as UC Rusal, Oerlikon, Sulzer and SCHMOLZ + BICKENBACH. The Group encompasses direct investment funds and management companies operating in a number of sectors, including energy (T Plus Group, Hevel), transport (Airports of Regions Holding company), public utilities (Russian Utility Systems), real estate (KORTROS Group), portfolio investments (Columbus Nova), telecommunications (Akado Group), chemical (Orgsyntez Group) and precious metals (Kamchatka Gold). The strategy of Renova Group is targeted at the acquisition of assets in industries with significant growth and consolidation potential. The Group aims to invest in large projects where there is an opportunity to take up control and engage in managing such projects in order to drive value creation. Renova Group’s strategic focus is on partnerships and alliances that enable maximization of the effect of joint investments."